Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-07-Speech-4-046-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-04-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:EIB annual report for 2009 (debate)2
dcterms:Language	"hu"^^xsd:language2
lpv:document identification number	"en.20110407.3.4-046-000"2
lpv:hasSubsequent	lp_eu:2011-04-07-Speech-4-048-0002
lpv:speaker	lp:Edit Herczog2
lpv:spokenAs	member; Delegation to the Euronest Parliamentary Assembly (2009-12-14--2014-06-30)3 substitute; BUDG (2009-12-14--2012-01-18)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member; ITRE (2009-12-14--2012-01-18)3 treasurer; S&D (2009-07-14--2014-06-30)3 substitute; CONT (2009-07-16--2012-01-18)3 member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 unknown; Magyar Szocialista Párt (2009-07-14--2014-06-30)3
lpv:translated text	"The most important requirements are that the activities of the European Investment Bank be even more transparent for the European Parliament and that the financial instruments outsourced by it be used in an even more targeted manner. We recommend for consideration the proposal that prudential supervision be introduced for this institution as well in the interest of the precise measurement of the quality of the EIB’s financial situation and its results, as well as compliance with effective and successful business practice. I would like to stress that we are not making this proposal because we have doubts about the regularity of the EIB’s activity but because, in our view, as a general rule, as the G20’s London Declaration clearly stated two years ago, ‘all systemically important financial institutions, markets, and instruments should be subject to an appropriate degree of regulation and oversight’. We suggest calling on the European Commission to provide the European Parliament with the legal analysis of the options for the prudential supervision of the EIB by 30 November 2011, because under the effective legislation, no European institution has the right to supervise the EIB. However, in view of the increased role of the EIB, and also because of the extension of EU guarantees to it, changing this urgently is warranted. It would be justified to develop increased professional and social supervision, similarly to the practice which has evolved in recent times at other non-bank financial institutions. The EIB’s lending activity needs to become more selective, more effective and more result-oriented in the future, particularly as regards financing SMEs. To this end, information on loans granted must also be collected and published more systematically."@en1

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